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integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade … practitioners and researchers in both areas, the paper concludes that while at least some trade preferences actually have been less … of a failure than their reputation suggests, trade facilitation is a far more promising policy option for the future …
Persistent link: https://www.econbiz.de/10009229144
This Working Paper contains some observations concerning the evolution of trade and trade-related policies in the Asia …-Pacific region since the establishment in 1989 of the Trade Policy Review Mechanism (TPRM), whose goal is to improve the transparency …, either unilateral or in connection with bilateral, regional or multilateral trade agreements, can be greatly facilitated by …
Persistent link: https://www.econbiz.de/10009303992
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our … analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which …, symmetric trade liberalization is immiserizing for a trading partner whose business conditions are inferior. Third, there are …
Persistent link: https://www.econbiz.de/10009314284
in eliminating prohibitive trade barriers. We then consider how the potential for cooperation varies with trade costs and …Much potential for trade liberalization exists in industries and markets with trade barriers that are prohibitive for … all or many firms. In standard political economic theories of trade policy, observed prohibitive barriers must be globally …
Persistent link: https://www.econbiz.de/10011284901
consistent with the recent theoretical literature on endogenous protection, in terms of both the political costs and the … partners increases the political costs of supplying administered protection. …
Persistent link: https://www.econbiz.de/10011334852
ASEAN has significant achievements to its credit. It is a durable and effective functioning entity, more so than any other regional organization in the developing world. For a region characterized by great diversity and a history of conflict, ASEAN has played a role in delivering relative peace...
Persistent link: https://www.econbiz.de/10010529556
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade … models. However, these models tend to rely heavily on symmetry assumptions and assume melting iceberg transport costs as the … only form of trade restrictions. Moreover, a standard assumption is that firms differ across marginal cost, yet empirical …
Persistent link: https://www.econbiz.de/10009724992
working to mitigate the use of trade defence measures in recent years, helping to counter pressures that seem likely to arise …
Persistent link: https://www.econbiz.de/10010227584
draws global trade and specialisation scenarios up to 2060, taking into account international spillovers. The paper … highlights that comparative advantage in terms of factor endowments matters for trade specialisation, although framework and … trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this …
Persistent link: https://www.econbiz.de/10010375298
We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...
Persistent link: https://www.econbiz.de/10010467794